Wednesday, May 15, 2019
W4-Q Essay Example | Topics and Well Written Essays - 500 words
W4-Q - turn up ExampleOn the new(prenominal) hand, Kaplan & Hurd (2002) argue that league allows sustainability in organizations by establishing a strong standoff between organizations with common objectives. It enables them to utilize the available opportunities by means of a supportive approach. For example, an organization may arising partnership with another company that possesses particular skills that be essential in production but are lacking.The partnership between Tata motors and organizations such as Ariba Inc. is a partnership whereby Ariba offers the automobiles company with assistance in solicitude related issues. This partnership has led to the expansion of the market for Tata automobiles hence improved competition and reduced negotiate power of suppliers that has made it possible for the company to attract more suppliers in a rationalized manner. On the other hand, Ariba maintains competence through these partnerships and is renowned for its diversity in manag ement solutions, which enables it to maintain a substantial hail of clients. Gadman & Cooper (2005) argue that the more an organization is capable of identifying useful partners, the greater the chances of expanding its opportunities due to the fact that distributively partnering organization has unique capabilities that can be useful when shared, making it possible for businesses to utilize their potential to the maximum.The efficiencies gained through partnerships are mainly as a result of the organizations efforts that are aimed at accomplishing organizational objectives. In essence, every organization entering in to a partnership seeks to benefit from it. Otherwise, partnerships would not be meaningful for organizations if they have no positive impacts on its productivity. Gensemera & Kanagaretnam (2004) observe that for high commitment in partnership to be accomplished, each partner needs to understand the benefits that are likely
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